Market Intelligence Report — TN-660

McMinnville, TN

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-TN-09
As of the latest 2026 data
Cooling

Median Listing

$339K
+4.7% YoY

Pending Ratio

0.25
-0.5% YoY

Active Inventory

214
-10.3% YoY

Median DOM

66 Days
-6.4% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's cooling McMinnville market?

Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across McMinnville, TN.

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The McMinnville market is currently cooling, characterized by a pending ratio of 0.25. This indicates a demand absorption significantly lagging available supply, a shift from the previous year when the ratio was higher by 0.5 percentage points.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the McMinnville market right now.

Active listings have contracted by 10.3% year-over-year, while new listings saw a more substantial decline of 30.3% over the past year. Despite this, the median listing price increased by 4.7% year-over-year, even with a month-over-month decrease of 3.2%. The pending ratio has also decreased year-over-year, suggesting a deceleration in transactional activity.

Historical Analysis

Market Trends

Median Price

$339K-3.2% MoM

Active Inventory

214-10.3% YoY

Days on Market

66-6.4% YoY

Sold Score™

40-0.5% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

40
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

Negotiating leverage favors buyers, as evidenced by a pending ratio of 0.25 and a year-over-year decline in this metric. The pace of transactions has decelerated, leading to reduced inventory pressure and necessitating greater price discipline from sellers to secure offers.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

214 active listings represent the current floor, with new supply arriving at roughly 46 per month.

Pricing Pressure
24.1%

of active listings carry a price reduction, -1.8% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -0.5% year-over-year.

Absorption
0.25

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in McMinnville, TN? Homes here are taking 4 days less to sell than last year.

Buyers have leverage in McMinnville, TN. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
25%
Median Days on Market
66 days
Inventory YoY
−10%

In a buyer's market, strategy beats timing. See how your home scores in McMinnville, TN and what moves the number.

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Metro Demographics

Metro Area
McMinnville, TN
CBSA Code
32660
State
TN